PEGA - Pegasystems Message Board

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Technology Stocks : PEGA - Pegasystems

PEGA 59.12

+0.3%

Nov 7 9:30 AM EST

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To: nauset who wrote (2)	1/9/1997 9:24:00 PM
From: Les H	of 504

I don't currently own it. It's at the top end of its current horizontal trading channel between 28 and 36. The volume for this stock has been very low. Also, the company is planning on a secondary offering of 2.24 M shares soon. I would at least wait till after that. The volume on both up and down days has been very low --- it suggests the market maker is making a lot of money on this one. I am currently following Fisher Scientific (FSH) which is a good value and growth play in the internet commerce, transitioning companies from mainframe to client/server, and year 2000. I don't own it yet. I see that stock going from current mid 40's to 60-75 in next 6-12 months.

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